Ripple Doubles Down On Its Partnership With SBI Holdings, Invests Into XRP-Powered MoneyTap

Ripple Doubles Down On Its Partnership With SBI Holdings, Invests Into XRP-Powered MoneyTap
фото показано с : zycrypto.com

2020-10-30 21:54

San Francisco blockchain payments firm Ripple has made an investment into MoneyTap, owned by Japanese financial giant SBI Holdings. According to an announcement on Wednesday, Ripple will further strengthen its partnership with SBI Holdings and its subsidiary MoneyTap. This investment will be used toward accelerating the technical development of new functions and services.

Establishing A Foothold In The Japanese Market

Online financial juggernaut SBI Holdings launched a joint venture alongside Ripple known as SBI Ripple Asia in 2016. In Q4 2018, the two companies launched the consumer-focused app MoneyTap. MoneyTap relies on Ripple’s xCurrent to facilitate real-time bank-to-bank transfers. This blockchain payments app only requires a QR code or a phone number to complete settlements in the Japanese Yen (JPY) or other foreign currencies at zero charges.

With the latest investment from Ripple, MoneyTap will develop new functions and services such as a “small amount collection service and corporate payment function, a community currency, an overseas remittance service, inbound and outbound remittance services, and a supply chain finance function”, the announcement notes. All this is aimed at making it more convenient for users, hence increasing customer satisfaction.

Earlier this year, one of Japan’s leading banks, Sumitomo Mitsui, partnered with SBI Holdings. As part of the deal, the banking giant invested in MoneyTap and R3’s Corda. 

Japan Could Be The New Ripple Headquarters

Ripple’s latest investment into MoneyTap is part of Ripple’s goal to strengthen its presence in Japan.

Just last week, Ripple CEO Brad Garlinghouse revealed that the company is contemplating relocating its offices abroad due to the lack of regulatory clarity in the United States. Japan is one of the top contenders for Ripple’s new home, mainly because of its close ties with SBI Holdings. Indeed, the CEO of SBI is a board member at the blockchain firm.

Garlinghouse told Bloomberg at the time:

“Japan is one of our fastest-growing markets, in part because we have key partners like SBI. I have spoken to the SBI team about the fact we are looking at.” 

The Ripple chief has also cited London and Singapore as other jurisdictions the company could relocate to. These potential destinations are all attractive to Ripple because they are very clear about their position on digital currencies.

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Источник: zycrypto.com

holdings moneytap → Результатов: 38


Ripple to Invest In Its SBI Holdings Joint Venture, MoneyTap, A Blockchain-Based Payment System

In an announcement, Ripple Inc. confirmed its investment in MoneyTap, a joint venture between the San-Francisco blockchain payments provider and Japan’s bank, SBI Holdings. The investment aims to enhance payments across blockchains, reduce the high costs, and process times of international remittances through MoneyTap.

2020-10-30 16:16


Фото:

Ripple инвестирует в совместное предприятие с SBI Holdings

Американская финтех-компания Ripple намерена предоставить инвестиции для MoneyTap, совместного предприятия с японской финансовой корпорацией SBI Holdings. Об этом последняя сообщила в пресс-релизе.

2020-10-29 13:00


Фото:

Ripple укрепляет партнерство с SBI Holdings через инвестирование в MoneyTap

Компания Ripple укрепляет партнерство с SBI Holdings через инвестирование в MoneyTap. Согласно пресс-релизу от 28 октября, Ripple инвестировала в MoneyTap, дочернюю компанию токийской финансовой группы SBI Holdings.

2020-10-28 15:45


Фото:

Технологию Ripple внедрят в японские банкоматы

Японский финансовый гигант SBI Holdings заявил о планах интеграции платежного приложения MoneyTap на базе технологии от финтех-стартапа Ripple в банкоматы, управляемые разными японскими банками.

2020-5-18 10:00


SBI Holdings интегрирует технологию от Ripple в японские банкоматы

Японский финансовый гигант SBI Holdings заявил о планах интеграции платежного приложения MoneyTap на базе технологии от финтех-стартапа Ripple в банкоматы, управляемые разными японскими банками. Решение призвано упростить потребителям доступ и управление средствами через ATM, независимо от банковской принадлежности.

2020-5-19 10:14


Japan’s Second Biggest Bank Joins SBI Holdings By Investing In Ripple-Powered MoneyTap

Japan’s second-biggest banking institution has teamed up with SBI Holdings to develop a financial service platform that will be based on blockchain, Japanese based Nikkei reports. Sumitomo Mitsui Banking Corporation (SMBC) is set to deposit money in Japanese financial conglomerate in efforts to enhance the utilization of distributed ledger technology (DLT) within the trade finance […]

2020-1-31 02:12


Ripple-Powered MoneyTap Adds Two New Banks, Now Totals 30

SBI Holdings’ MoneyTap now welcomes Daiwa Securities Group Inc. and Sumitomo Mitsui Trust Bank as its shareholders, bringing the total ally of financial institutions to 30. Established in March, this smartphone application is powered by the blockchain technology of Ripple that allows customers of the bank consortium to settle transactions instantly, 24 hours a day, […]

2019-10-1 23:16


SBI Holdings’ MoneyTap adds two more traditional banks to complete its list of 30 partners

Japan-based SBI Holdings currently stands as one of the most crypto-accepting financial body as it propels cross-border payments landscape through Ripple’s network. In the latest effort to maintain this trajectory,  SBI’s MoneyTap initiative announced inclusion of two more traditional financial banks, Daiwa Securities Group Inc.

2019-10-1 21:32


SBI-Ripple relationship moves forward as Kitao focuses on making MoneyTap the group’s flagship product

Ripple and SBI have been making waves with their work together and Yoshitaka Kitao, President of SBI Holdings, is doing everything possible to promote cryptocurrencies in Japan. While attending a Financial summit dubbed ‘Finsum’ in Tokyo, Japan, Kitao offered to make trading commission-free, even for cryptocurrency assets.

2019-9-5 17:30


SBI CEO Newest Statement: Tightening Cooperation With Ripple (XRP) to Spread MoneyTap to 200 Financial Institutions And Beyond

SBI Holdings, a Ripple partner which works closely with the cross-border payments-focused project, has published a notice announcing the… The post SBI CEO Newest Statement: Tightening Cooperation With Ripple (XRP) to Spread MoneyTap to 200 Financial Institutions And Beyond appeared first on Invest In Blockchain.

2019-3-21 10:45


Фото:

Японские банки запустили транзакции через приложение MoneyTap от Ripple

Группа японских банков приступила к осуществлению финансовых операций через приложение MoneyTap, созданное командой Ripple. В разработке этой мобильной платформы также принимали участие специалисты японской финансовой компании SBI Holdings.

2018-10-4 16:38


Ripple запустила в Японии платежное приложение MoneyTap

Американская блокчейн-компания Ripple запустила в Японии платежное приложение MoneyTap. Создано оно было совместно с корпорацией SBI Holdings, доступно для устройств на базе iOS и Android. The Japan Bank Consortium launched MoneyTap today, a Ripple-powered payments app to offer real time settlement for domestic payments in Japan! https://t.

2018-10-4 16:36


SBI Holdings запустит приложение MoneyTap на базе Ripple

Японский финансовый гигант SBI Holdings собирается уже в этом году запустить платежное приложение MoneyTap для мобильных операционных систем Android and iOS, сообщает CCN. Основной особенностью нового приложения является то, что в его основе будет лежать технология Ripple (однако неизвестно, будет ли это решение xCurrent или же xRapid, использующее токен XRP). Для отправки транзакции через MoneyTap […]

2018-9-18 17:57


SBI приближается к запуску платежного приложения MoneyTap на блокчейн Ripple

Японская группа финансовых услуг SBI Holdings запустит приложение на блокчейн Ripple для клиентских платежей под названием MoneyTap, функционировать которое будет на Android и iOS. Сообщение SBI приближается к запуску платежного приложения MoneyTap на блокчейн Ripple появились сначала на Freedman.

2018-9-17 14:49


Фото:

Японский холдинг SBI запустит платежное приложение на базе технологии Ripple

Японский финансовый гигант SBI Holdings объявил о скором запуске платежного приложения MoneyTap для устройств на базе iOS и Android. Приложение построено на основе технологии распределенного реестра от американского блокчейн-стартапа Ripple.

2018-9-14 14:46


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